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    Property profile & analytics

    3480 3rd Ave, Unit 4 Bronx, NY 10456-4473

    • Retail space
    • 13,411 SF
    OFF-MARKET
    Value Estimation
    $500,000
    Location Intelligence
    Property ID
    US63-4328694
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • La Escuela Comunitaria del Bronx / Preschool
    • Habitot ES LLC / Preschool / Day Care Center
    • zipdropped / Grocery Store
    • Locs of Loving / Home Hairdresser
    • Custom Capz & Teez / Store

    Property Details for 3480 3rd Ave

    Year built
    2009
    Property size
    13,411 SF
    Zone code
    M11R72
    Property type
    Retail space
    APN
    02609-1004
    APU
    26091004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $665,000
      7%
      $635,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $545,000
      Geo Method
      $620,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $570,000
      Retail
      $510,000
      Mixed-Use
      $620,000
      Hospitality
      $645,000
      Educational
      $555,000
      Residential Income
      $510,000
      Energy
      $680,000
      Income-Based Land
      $585,000
      Food Service
      $640,000

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9058
    Latitude
    40.8304
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,170
    $8,647
    $551,828
    $560,475
    -
    $19,215
    $1,336,559
    $1,355,774

    Comparable in this City

    • Value Estimation by Request
      1,968 SF

      1325 Webster Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,968 SF
      1325 Webster Ave, Bronx, NY 10456-1805
      View Details
    • Value Estimation
      $445,000
      5,300 SF

      871 Frst Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,300 SF
      871 Frst Ave, Bronx, NY 10456-7826
      View Details
    • Value Estimation
      $525,000
      5,486 SF

      1160 Clay Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,486 SF
      1160 Clay Ave, Bronx, NY 10456
      View Details
    • Value Estimation by Request
      2,500 SF

      932-934 Morris Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      932-934 Morris Ave, Bronx, NY 10456
      View Details
    • Value Estimation
      $475,000
      3,798 SF

      355 167th St

      RETAIL STORES (PERSONAL SERVICES) • 3,798 SF
      355 167th St, Bronx, NY 10456-4014
      View Details
    • Value Estimation by Request
      2,391 SF

      625-627 169th St

      RETAIL STORES (PERSONAL SERVICES) • 2,391 SF
      625-627 169th St, Bronx, NY 10456
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      5,000 SF

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      Retail space for rent across the street from Crotona Park.
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      View Details
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    3480 3rd Ave, Unit 4
    Bronx, NY 10456-4473
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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